THE BUSINESS COUNCIL INSURANCE FUND
In 1957, the BCNYS established the Business Council Insurance Fund, with a goal of providing affordable, high quality Employee Benefits products and services to New York State employers. Our benefits management approach has delivered an exceptional level of administration and support to over 1,800 member companies, and covers approximately 110,000 employees statewide across any of our benefit plans.
The Insurance Fund, and the programs it administers, has a long track record of high quality service at affordable and stable prices. The Life coverages have had no rating changes for 10+ years; the Disability coverages have experienced only a 10% increase in 2014, in which we were able to target specific cases on a selective basis rather than a more general rate increase to the block. And, our Dental rates have had a less than market trend renewals in each of the past 5 years.
That combination of excellent service support and rate stability has resulted in the growth of the Insurance Fund to over $32 MM of in-force business in 2018.
Life and Accidental Death
- Short Term Disability
- Long Term Disability
- New York State DBL and PFL
Personalized administrative support
EB360® Benefits Management platform
Online program management